Actuarial Analyst - Life Insurance

Department Icon Accounting & Finance
Posted: 1 year ago
1-2 years
Chennai
Accounting & Finance
Work From Home
Full Time
Upto ₹0 - ₹0

Posted: 1 year ago
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Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

What role you will play in team: Contribute to the accurate assessment of risks and pricing strategies for life insurance products.

What you will do: You'll analyze mortality data, build actuarial models, and support product development.

Key responsibility:

  • Develop and maintain actuarial models for pricing and reserving.
  • Analyze mortality, morbidity, and lapse data.
  • Prepare actuarial reports and presentations.
  • Support product development and pricing.
  • Conduct financial impact analyses.
  • Adhere to regulatory requirements.
  • Collaborate with other actuarial teams and departments.
  • Contribute to the development of new life insurance products.

Required Qualification and Skills:

  • Actuarial qualification (ACIA, IFOA, or equivalent).
  • 1-2 years of experience in life insurance actuarial work.
  • Strong analytical and modeling skills.
  • Proficiency in actuarial software (e.g., Prophet).
  • Understanding of insurance regulations.
  • Excellent communication skills.

Benefits Included:

  • Competitive salary and benefits.
  • Professional development opportunities.
  • Opportunities to work on challenging projects.
  • Strong team environment.
  • Learning and growth prospects.

A Day in the Life: A typical day might involve analyzing data, building models, creating reports, or meeting with other team members to discuss projects. You will work on complex actuarial assignments.

Skills

Actuarial ModelingLife InsuranceMortality AnalysisPricingReservingActuarial SoftwareFinancial Reporting

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About Company

ICICI Prudential Life Insurance Company Limited is a joint venture between ICICI Bank and Prudential plc. It is one of India's leading life insurance companies.

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